The Best Performing Bond Mutual Funds over the Last 10 Years
Updated as of: August 7, 2026
This article contains the best-performing bond mutual funds from the last year all the way back to the past decade, with data routinely updated by YCharts.
To create this list, we analyzed the entire mutual fund universe using the YCharts Fund Screener to find the best-performing US-domiciled fixed income mutual funds on a 1-year, 3-year, 5-year, and 10-year basis. (Funds with leveraged or inverse attributes as well as those in the alternative currency strategy and options arbitrage strategy peer groups were excluded to focus on long-term investment vehicles that align with broader financial planning goals).
Table of Contents
Looking for lists of the best-performing bond ETFs? Check out our Best-Performing Bond ETFs analysis here.
Best Performing Bond Mutual Funds in the Last Year
These are the top-performing bond mutual funds over the past year, as of July 31, 2026.
| Symbol | Name | 1 Year Total Returns (Monthly) | Yield to Maturity | Effective Duration | Effective Maturity | Net Expense Ratio | Share Class Assets Under Management | Peer Group Name |
|---|---|---|---|---|---|---|---|---|
| CICVX | Calamos Convertible Fund I | 28.13% | N/A | 1.37 | 3.73 | 0.89% | $825,720,000 | Convertible Securities Funds |
| NCIAX | Columbia Convertible Securities Fund I | 27.32% | N/A | N/A | N/A | 0.84% | $788,185,148 | Convertible Securities Funds |
| ANNPX | Virtus Convertible Fund Institutional | 27.09% | N/A | N/A | N/A | 0.71% | $1,359,065,732 | Convertible Securities Funds |
| MCNVX | NYLI MacKay Convertible Fund I | 26.51% | N/A | 3.27 | 3.14 | 0.61% | $1,012,605,013 | Convertible Securities Funds |
| HACSX | Harbor Ares Systematic Convertible Secu Fd Inst | 24.23% | -2.51% | N/A | N/A | 0.71% | $23,062,353 | Convertible Securities Funds |
| FCVSX | Fidelity Convertible Securities Fund | 24.00% | N/A | N/A | N/A | 0.64% | $2,253,431,007 | Convertible Securities Funds |
| CXGCX | Calamos Global Convertible Fund I | 22.79% | N/A | 1.66 | 3.06 | 1.08% | $173,710,000 | Convertible Securities Funds |
| LCFYX | Lord Abbett Convertible Fund I | 22.28% | 4.02% | 0.01 | N/A | 0.90% | $403,213,918 | Convertible Securities Funds |
| CONIX | Lazard US Convertibles Portfolio Inst | 21.21% | N/A | N/A | N/A | 0.75% | $18,224,209 | Convertible Securities Funds |
| CNSAX | Invesco Convertible Securities Fund A | 20.81% | N/A | N/A | N/A | 0.96% | $498,333,187 | Convertible Securities Funds |
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Best Performing Bond Mutual Funds in the Last 3 Years
These are the top-performing bond mutual funds on an annualized basis between August 1st, 2023 and July 31, 2026.
| Symbol | Name | 3 Year Total Returns (Monthly) | Annualized 3 Year Total Returns (Monthly) | Yield to Maturity | Effective Duration | Effective Maturity | Net Expense Ratio | Share Class Assets Under Management | Peer Group Name |
|---|---|---|---|---|---|---|---|---|---|
| GMDFX | GMO Emerging Country Debt Fund IV | 62.10% | 17.47% | 8.51% | N/A | 14.8 | 0.57% | $1,335,157,710 | Emerging Mrkts Hard Currency Debt Funds |
| LCFYX | Lord Abbett Convertible Fund I | 59.62% | 16.87% | 4.02% | 0.01 | N/A | 0.90% | $403,213,918 | Convertible Securities Funds |
| ANNPX | Virtus Convertible Fund Institutional | 59.14% | 16.75% | N/A | N/A | N/A | 0.71% | $1,359,065,732 | Convertible Securities Funds |
| HACSX | Harbor Ares Systematic Convertible Secu Fd Inst | 58.20% | 16.52% | -2.51% | N/A | N/A | 0.71% | $23,062,353 | Convertible Securities Funds |
| FCVSX | Fidelity Convertible Securities Fund | 56.07% | 15.99% | N/A | N/A | N/A | 0.64% | $2,253,431,007 | Convertible Securities Funds |
| CICVX | Calamos Convertible Fund I | 55.61% | 15.88% | N/A | 1.37 | 3.73 | 0.89% | $825,720,000 | Convertible Securities Funds |
| NCIAX | Columbia Convertible Securities Fund I | 55.09% | 15.75% | N/A | N/A | N/A | 0.84% | $788,185,148 | Convertible Securities Funds |
| MCNVX | NYLI MacKay Convertible Fund I | 54.43% | 15.59% | N/A | 3.27 | 3.14 | 0.61% | $1,012,605,013 | Convertible Securities Funds |
| AGEYX | American Beacon Developing World Income Fund Y | 53.99% | 15.48% | N/A | N/A | N/A | 1.10% | $1,480,487,592 | Emerging Mrkts Hard Currency Debt Funds |
| CXGCX | Calamos Global Convertible Fund I | 51.91% | 14.96% | N/A | 1.66 | 3.06 | 1.08% | $173,710,000 | Convertible Securities Funds |
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Best Performing Bond Mutual Funds in the Last 5 Years
These are the top-performing bond mutual funds on an annualized basis between August 1, 2021 and July 31, 2026.
| Symbol | Name | 5 Year Total Returns (Monthly) | Annualized 5 Year Total Returns (Monthly) | Yield to Maturity | Effective Duration | Effective Maturity | Net Expense Ratio | Share Class Assets Under Management | Peer Group Name |
|---|---|---|---|---|---|---|---|---|---|
| FOCIX | Fairholme Focused Income Fund | 64.85% | 10.51% | N/A | N/A | N/A | 1.01% | $224,753,391 | Flexible Income Funds |
| SHRIX | Stone Ridge Hi Yld Reinsurance Risk PrmI | 62.13% | 10.15% | N/A | N/A | N/A | 1.73% | $4,670,887,745 | N/A |
| MCNVX | NYLI MacKay Convertible Fund I | 54.67% | 9.11% | N/A | 3.27 | 3.14 | 0.61% | $1,012,605,013 | Convertible Securities Funds |
| BATPX | BATS: Interest Rate Hedge Series | 53.98% | 9.02% | 3.37% | -6.78 | 0.74 | 0.14% | $2,702,877 | Specialty Fixed Income Funds |
| EIDOX | Eaton Vance Emerging Markets Debt Opportunities I | 53.33% | 8.92% | N/A | N/A | 0 | 0.81% | $4,505,707,747 | Emerging Markets Local Currency Debt Fds |
| AGEYX | American Beacon Developing World Income Fund Y | 51.31% | 8.64% | N/A | N/A | N/A | 1.10% | $1,480,487,592 | Emerging Mrkts Hard Currency Debt Funds |
| FCVSX | Fidelity Convertible Securities Fund | 49.53% | 8.38% | N/A | N/A | N/A | 0.64% | $2,253,431,007 | Convertible Securities Funds |
| FEMDX | Franklin Emerg Market Debt Opptys Fund | 45.72% | 7.82% | 8.66% | 4.28 | 6.76 | 1.02% | $153,960,316 | Emerging Mrkts Hard Currency Debt Funds |
| GMDFX | GMO Emerging Country Debt Fund IV | 44.98% | 7.71% | 8.51% | N/A | 14.80 | 0.57% | $1,335,157,710 | Emerging Mrkts Hard Currency Debt Funds |
| HACSX | Harbor Ares Systematic Convertible Secu Fd Inst | 44.69% | 7.67% | -2.51% | N/A | N/A | 0.71% | $23,062,353 | Convertible Securities Funds |
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Best Performing Bond Mutual Funds in the Last 10 Years
These are the top-performing bond mutual funds on an annualized basis between August 1, 2016 and July 31, 2026.
| Symbol | Name | 10 Year Total Returns (Monthly) | Annualized 10 Year Total Returns (Monthly) | Yield to Maturity | Effective Duration | Effective Maturity | Net Expense Ratio | Share Class Assets Under Management | Peer Group Name |
|---|---|---|---|---|---|---|---|---|---|
| ANNPX | Virtus Convertible Fund Institutional | 251.00% | 13.38% | N/A | N/A | N/A | 0.71% | $1,359,065,732 | Convertible Securities Funds |
| NCIAX | Columbia Convertible Securities Fund I | 227.34% | 12.59% | N/A | N/A | N/A | 0.84% | $788,185,148 | Convertible Securities Funds |
| FCSZX | Franklin Convertible Securities Fund Advisor | 225.56% | 12.53% | -0.47% | 0.71 | N/A | 0.57% | $1,901,330,106 | Convertible Securities Funds |
| FCVSX | Fidelity Convertible Securities Fund | 225.17% | 12.52% | N/A | N/A | N/A | 0.64% | $2,253,431,007 | Convertible Securities Funds |
| LCFYX | Lord Abbett Convertible Fund I | 216.97% | 12.23% | 4.02% | 0.01 | N/A | 0.90% | $403,213,918 | Convertible Securities Funds |
| MCNVX | NYLI MacKay Convertible Fund I | 209.74% | 11.97% | N/A | 3.27 | 3.14 | 0.61% | $1,012,605,013 | Convertible Securities Funds |
| CICVX | Calamos Convertible Fund I | 197.40% | 11.52% | N/A | 1.37 | 3.73 | 0.89% | $825,720,000 | Convertible Securities Funds |
| ORDNX | North Square Preferred and Income Securities Fd I | 189.30% | 11.21% | N/A | N/A | N/A | 0.97% | $379,711,801 | Flexible Income Funds |
| GFSBX | Guggenheim Strategy II | 184.05% | 11.00% | N/A | N/A | N/A | 0.00% | $139,635,852 | N/A |
| PCONX | Putnam Convertible Securities Fund A | 178.12% | 10.77% | -5.53% | 1.26 | N/A | 1.01% | $398,111,254 | Convertible Securities Funds |
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What Was the Growth of $10,000 in the Top Bond Mutual Funds Over the Last 10 Years?
The best-performing bond mutual fund in the last 10 years was the Catalyst/SMH High Income Fund I (ANNPX). A $10,000 investment into ANNPX 10 years ago would be worth a little over $35K today on a total return basis. Right behind it was the Columbia Convertible Securities Funds I (NCIAX); investing $10,000 into this convertible fund back in 2016 would’ve turned into $32,730 with dividend reinvestment.
However, investing $10,000 into a benchmark bond index such as the Bloomberg US Aggregate index netted a total return of just 14.31% over the last ten years, or 1.35% on an annualized basis. Investing in one of these broad bond indexes was not enough to beat inflation over the last decade.
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